Quantified Managed Correlations
| QBDAX Fund | USD 8.15 0.01 0.12% |
The current 90-days correlation between Quantified Managed Income and Bbh Intermediate Municipal is -0.03 (i.e., Good diversification). The correlation of Quantified Managed is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Quantified Managed Correlation With Market
Poor diversification
The correlation between Quantified Managed Income and DJI is 0.66 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Quantified Managed Income and DJI in the same portfolio, assuming nothing else is changed.
Quantified |
Moving together with Quantified Mutual Fund
Related Correlations Analysis
| 0.96 | 0.93 | 0.85 | 0.92 | 0.91 | 0.79 | BBINX | ||
| 0.96 | 0.97 | 0.79 | 0.85 | 0.86 | 0.74 | TBGAX | ||
| 0.93 | 0.97 | 0.71 | 0.8 | 0.77 | 0.62 | ABIMX | ||
| 0.85 | 0.79 | 0.71 | 0.91 | 0.91 | 0.84 | TTRBX | ||
| 0.92 | 0.85 | 0.8 | 0.91 | 0.94 | 0.84 | ARTFX | ||
| 0.91 | 0.86 | 0.77 | 0.91 | 0.94 | 0.9 | FMVUX | ||
| 0.79 | 0.74 | 0.62 | 0.84 | 0.84 | 0.9 | MBSAX | ||
Risk-Adjusted Indicators
There is a big difference between Quantified Mutual Fund performing well and Quantified Managed Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Quantified Managed's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BBINX | 0.06 | 0.01 | (0.61) | 3.37 | 0.00 | 0.19 | 0.48 | |||
| TBGAX | 0.08 | 0.01 | (0.48) | 4.61 | 0.00 | 0.19 | 0.74 | |||
| ABIMX | 0.09 | 0.01 | (0.43) | (1.13) | 0.00 | 0.31 | 0.83 | |||
| TTRBX | 0.10 | 0.00 | (0.61) | 0.05 | 0.00 | 0.20 | 0.60 | |||
| ARTFX | 0.09 | 0.01 | (0.55) | 0.24 | 0.00 | 0.22 | 0.66 | |||
| FMVUX | 0.72 | 0.14 | 0.16 | 0.26 | 0.51 | 1.85 | 7.16 | |||
| MBSAX | 0.21 | 0.03 | (0.18) | 0.35 | 0.00 | 0.37 | 1.96 |